Money-market rates are suggesting that trader expectations for an earlier-than-anticipated increase in borrowing costs by the Federal Reserve are gaining traction.
Oil and gas companies led the stock market up on Friday, helping the Standard & Poor's 500-stock index notch its second-best week this year.
Nike Inc. (NKE:US), the world's largest sporting-goods maker, fell the most in almost nine months after future orders trailed analysts' estimates, hurt by slowing demand in western Europe and emerging markets.
San Bernardino County's unemployment rate was 7.7 percent in November, the same as it had been the previous two months, according to data released Dec. 19 by the California Employment Development Department (EDD).
Four companies went public in the past week and brought the final IPO count of 2014 up to 275 deals that raised $85 billion, making it the most active year for the IPO market since 2000.